Mastering Operations Research


Book Description

"Mastering Operations Research: Theory, Practice, and Applications" is a comprehensive guide aimed at undergraduate and graduate students in science, engineering, economics, and management, as well as anyone interested in becoming familiar with the concepts and techniques of Operations Research (OR). This book offers an in-depth exploration of the fundamental principles and practical applications of OR, combining rigorous theory with practical implementation through case studies and hands-on exercises. Organized into six parts, the book covers a wide range of topics, from linear and nonlinear optimization techniques to heuristics and metaheuristics, as well as dynamic programming and graph theory. Contents: Introduction to Operations Research: Definition, history, and the importance of OR in various sectors such as engineering, finance, logistics, and more. General Methodology: An overview of quantitative and qualitative methods for solving complex problems efficiently. Fundamentals of Optimization: An in-depth exploration of linear programming and integer programming, with an introduction to key concepts such as the simplex method and branch-and-bound algorithms. Advanced Techniques: Study of nonlinear and combinatorial optimization methods, with practical examples and industrial applications. Heuristics and Metaheuristics: Explanation of heuristic approaches like greedy algorithms and local search, as well as metaheuristics such as genetic algorithms and simulated annealing. Specialized Techniques: Presentation of dynamic programming, graph theory, and stochastic optimization, with classic applications and modern methods. Practical Applications: Concrete case studies in areas such as logistics, finance, and production, illustrating how OR is used to solve real-world problems. Tools and Software: Introduction to major OR software such as CPLEX, Gurobi, and LINDO, with detailed tutorials for implementing models in Python, R, and MATLAB. Future Perspectives: Analysis of emerging trends in OR, including the integration of artificial intelligence, the challenges posed by Big Data, and opportunities in a rapidly changing world. Appendices: A glossary of technical terms, a bibliography for further reading, and solutions to the exercises provided to reinforce the understanding and application of the concepts studied. This book is designed to help students develop a deep understanding of the tools and techniques of Operations Research, preparing them to apply these skills in diverse professional contexts. Whether you are a beginner or looking to deepen your knowledge, this book will provide you with the solid foundation and practical skills necessary to master Operations Research.




Operations Research


Book Description

What is Operations Research Operations research, which is sometimes abbreviated to the initialism OR, is a field of study that focuses on the creation and implementation of analytical methodologies with the goal of enhancing decision-making. On occasion, the word management science is used as a synonym for management science. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Operations research Chapter 2: George Dantzig Chapter 3: Management science Chapter 4: Systems engineering Chapter 5: System of systems Chapter 6: Multiple-criteria decision analysis Chapter 7: Computational science Chapter 8: Decision analysis Chapter 9: Analytic hierarchy process Chapter 10: Management cybernetics Chapter 11: David B. Hertz Chapter 12: Opportunity cost Chapter 13: Modeling and simulation Chapter 14: Dimitri Bertsekas Chapter 15: Applied mathematics Chapter 16: Ravindra K. Ahuja Chapter 17: Fred W. Glover Chapter 18: Operational Research Society Chapter 19: William W. Cooper Chapter 20: Valerie Belton Chapter 21: Sally Brailsford (II) Answering the public top questions about operations research. (III) Real world examples for the usage of operations research in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Operations Research.




Mastering Operations in the Corporate World


Book Description

About Author: Amir Ali Shaik (born July 26, 2001) is an Indian actor and entrepreneur hailing from Bangalore, India. He has garnered recognition for his versatile talent and notable achievements in both the entertainment industry and the corporate sector. Introduction: Mastering Operations in the Corporate World is a comprehensive book written by Amir Ali Shaik, an esteemed expert in the field of operations management. This book serves as a valuable guide for professionals, leaders, and students aspiring to excel in the complex and dynamic corporate environment. With a deep understanding of operations and a wealth of practical experience, Shaik presents a wealth of knowledge, strategies, and insights to help readers navigate the intricacies of operational excellence. Overview of the Book: Mastering Operations in the Corporate World delves into various aspects of operations management, covering a wide range of topics that are vital for organizational success. The book provides practical techniques, real-world examples, and actionable strategies for optimizing operations, mitigating risks, driving innovation, and fostering collaboration. It offers a comprehensive framework that integrates key concepts, tools, and best practices to enhance operational performance and achieve sustainable growth. Shaik's Expertise and Credibility: Amir Ali Shaik is a recognized authority in the field of operations management, known for his deep understanding of the subject matter and extensive industry experience. With a background in industrial engineering and a successful career spanning over two decades, Shaik has worked with renowned multinational corporations, leading complex projects and transforming operations to achieve excellence. His expertise and credibility shine through in the book, as he combines theoretical foundations with practical insights to provide a comprehensive understanding of operations management in the corporate world. Key Themes Explored: The book covers a wide array of key themes essential for mastering operations in the corporate world. These themes include: 1. Operational Risk Mitigation: Shaik explores strategies for identifying, assessing, and mitigating operational risks. He emphasizes the importance of robust internal controls, contingency planning, and fostering a culture of risk awareness and accountability. 2. Talent Management and Team Development: The book delves into workforce requirements, talent acquisition, skill development, and team optimization. Shaik emphasizes the significance of nurturing cross-functional teams, effective communication, and creating a positive work culture to drive operational success. 3. Technology and Innovation: Shaik explores the impact of technology on operations, including digital solutions, automation, and artificial intelligence. He highlights how organizations can leverage technology to streamline processes, improve accuracy, and enhance operational performance. 4. Collaboration and Decision-Making: The book emphasizes the importance of collaborative decision-making, fostering a culture of collaboration, and leveraging technology for seamless collaboration. Shaik provides techniques for effective brainstorming, consensus-building, and participatory approaches to enhance decision-making and promote innovation. 5. Sustainability and Social Responsibility: Shaik addresses the significance of sustainable practices, ethical supply chain management, and social impact initiatives. He explores strategies for environmental preservation, responsible sourcing, and community engagement, highlighting the benefits of integrating sustainability and corporate social responsibility into operations. Conclusion: Mastering Operations in the Corporate World is a valuable resource that offers practical guidance and actionable strategies for excelling in operations management. Authored by Amir Ali Shaik, a distinguished expert in the field, the book combines theoretical knowledge with practical insights to provide a comprehensive understanding of operations in the corporate world. With its focus on risk mitigation, talent management, technology adoption, collaboration, and sustainability, the book equips readers with the tools and knowledge to optimize operations, drive innovation, and achieve excellence in the competitive corporate landscape.




Introduction to Operations Research Techniques


Book Description

ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you select the correct ISBN. Several versions of Pearson's MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition, you may need a CourseID, provided by your instructor, to register for and use Pearson's MyLab & Mastering products. Packages Access codes for Pearson's MyLab & Mastering products may not be included when purchasing or renting from companies other than Pearson; check with the seller before completing your purchase. Used or rental books If you rent or purchase a used book with an access code, the access code may have been redeemed previously and you may have to purchase a new access code. Access codes Access codes that are purchased from sellers other than Pearson carry a higher risk of being either the wrong ISBN or a previously redeemed code. Check with the seller prior to purchase. --




Operations Research Models and Methods


Book Description

In a rapidly developing field like Operations Research, its easy to get overwhelmed by the variety of topics and analytic techniques. Paul Jensen and Jonathan Bard help you master the expensive field by focusing on the fundamental models and methodologies underlying the practice of Operations Research. Bridging the gap between theory and practice, the author presents the quantitative tools and models most important to understanding modern operations research. You'll come to appreciate the power of OR techniques in solving real-world problems and applications in your own field. You'll learn how to translate complex situations into mathematical models, solve models and turn models into solutions. This text is designed to bridge the gap between theory and practice by presenting the quantitative tools and models most suited for modern operations research. The principal goal is to give analysts, engineers, and decision makers a larger appreciation of their roles by defining a common terminology and by explaining the interfaces between the underlying methodologies. Features Divides each subject into methods and models, giving you greater flexibility in how you approach the material. Concise and focused presentation highlights central ideas. Many examples throughout the text will help you better understand mathematical material.




Mastering Operational Risk


Book Description

Operational risk is a constant concern for all businesses. It goes far beyond operations and process to encompass all aspects of business risk, including strategic and reputational risks. Within financial services, it became codified by the Basel Committee on Banking Supervision in the 1990s. It is something that needs to be taken seriously by all those involved in running, managing and leading companies. Mastering Operational Risk is a comprehensive guide which takes you from the basic elements of operational risk, through to its advanced applications. Focusing on practical aspects, the book gives you everything you need to help you understand what operational risk is, how it affects you and your business and provides a framework for managing it. Mastering Operational Risk: Shows you how to make the business case for operational risk, and how to develop effective company-wide policies Covers the essential basic concepts through to advanced managements practices Uses examples and case studies which cover the pitfalls and explains how to avoid them Provides scenario analysis and modelling techniques for you to apply to your business Operational risk arises in all businesses. It is a broad term and can relate to internal processes, people, and systems, as well as external events. All listed companies, charities and the public sector must make risk judgements and assessments and company managers have an increasing responsibility to ensure that these assessments are robust and that risk management is at the heart of their organisations. In this practical guide, Tony Blunden and John Thirlwell, recognised experts in risk management, show you how to manage operational risk and show why operational risk management really will add benefits to your business. Mastering Operational Risk includes: The business case for operational risk Risk and control assessment How to use operational risk indicators Reporting operational risk Modelling and stress-testing operational risk Business continuity and insurance Managing people risk Containing reputational damage




Mastering the Leadership Role in Project Management


Book Description

In this book, project management expert Dr. Alexander Laufer leads an all-star team of practitioners and thought leaders in presenting a powerful project leadership framework. Laufer’s framework addresses the toughest challenges of new product development: large, complex projects composed of many diverse, geographically distributed, and highly interdependent components; organizational change; and repeated and risky tasks. Laufer reveals core leadership principles that are crucial to successful project leadership in dynamic and complex environments, regardless of industry, project goals, or stakeholders. Then, together with his contributors, he presents eight chapter-length case studies covering exceptionally challenging projects in a wide spectrum of industries and products – from developing missiles to reorganizing companies, building spacecraft and dairy plants to flying solar-powered airplanes. Readers will discover new ways to unleash the power of autonomy and learning; adapt to change on a timely basis; “give up” control without “losing” control; use face-to-face interaction to maximize alignment; manage “no fun” missions in hostile environments; deliver on bold ideas through sheer preparation; learn from practice – and unlearn lessons that need to be unlearned. Mastering the Leadership Role in Project Management will be invaluable to executives, project leaders, and aspiring project leaders in all organizations – regardless of their project goals, backgrounds, or experience.




Julia Programming for Operations Research


Book Description

Last Updated: December 2020 Based on Julia v1.3+ and JuMP v0.21+ The main motivation of writing this book was to help the author himself. He is a professor in the field of operations research, and his daily activities involve building models of mathematical optimization, developing algorithms for solving the problems, implementing those algorithms using computer programming languages, experimenting with data, etc. Three languages are involved: human language, mathematical language, and computer language. His team of students need to go over three different languages, which requires "translation" among the three languages. As this book was written to teach his research group how to translate, this book will also be useful for anyone who needs to learn how to translate in a similar situation. The Julia Language is as fast as C, as convenient as MATLAB, and as general as Python with a flexible algebraic modeling language for mathematical optimization problems. With the great support from Julia developers, especially the developers of the JuMP—Julia for Mathematical Programming—package, Julia makes a perfect tool for students and professionals in operations research and related areas such as industrial engineering, management science, transportation engineering, economics, and regional science. For more information, visit: http://www.chkwon.net/julia




Health Care Operations Management


Book Description

Health Care Operations Management: A Systems Perspective, Second Edition provides comprehensive and practical coverage of all aspects of operations management specific to the healthcare industry. It covers everything from hospital finances to project management, patient flows, performance management, process improvement, and supply chain management. This is an ideal text for university courses in healthcare management at all levels. It is also an excellent professional reference for healthcare administrators, clinical support managers, and supply chain professionals. The Second Edition has been thoroughly updated with the most recent data, statistics, and references. It also offers expanded coverage of quality, financial, and systems management, as well as a new chapter entitled “Operational Metrics in Health Care Organization”.